Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
KTF
Upturn stock ratingUpturn stock rating

DWS Municipal Income Trust (KTF)

Upturn stock ratingUpturn stock rating
$9.32
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: KTF (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 3.35%
Avg. Invested days 51
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 367.44M USD
Price to earnings Ratio 10.54
1Y Target Price -
Price to earnings Ratio 10.54
1Y Target Price -
Volume (30-day avg) 105431
Beta 0.5
52 Weeks Range 8.61 - 9.88
Updated Date 04/1/2025
52 Weeks Range 8.61 - 9.88
Updated Date 04/1/2025
Dividends yield (FY) 7.80%
Basic EPS (TTM) 0.89

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 127.46%
Operating Margin (TTM) 85.56%

Management Effectiveness

Return on Assets (TTM) 2.4%
Return on Equity (TTM) 8.66%

Valuation

Trailing PE 10.54
Forward PE -
Enterprise Value 607963328
Price to Sales(TTM) 13.55
Enterprise Value 607963328
Price to Sales(TTM) 13.55
Enterprise Value to Revenue 10.91
Enterprise Value to EBITDA -
Shares Outstanding 39172800
Shares Floating -
Shares Outstanding 39172800
Shares Floating -
Percent Insiders -
Percent Institutions 51.83

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

DWS Municipal Income Trust

stock logo

Company Overview

History and Background

DWS Municipal Income Trust (NYSE:KTF) is a closed-end fund focused on providing current income exempt from federal income tax by investing primarily in municipal securities. The fund launched with the goal to deliver consistent tax-advantaged returns.

Core Business Areas

  • Municipal Securities Investment: Invests primarily in a portfolio of municipal securities rated investment grade at the time of investment. The fund aims for current income, exempt from federal income tax.

Leadership and Structure

The fund is managed by DWS Investment Management Americas, Inc. Investment decisions are made by a team of portfolio managers and analysts.

Top Products and Market Share

Key Offerings

  • Tax-Exempt Municipal Bonds Portfolio: KTF is a closed-end fund investing in municipal bonds with the goal of tax-exempt income. Market share data for this specific fund is not readily available, as closed-end funds compete within the broader market of municipal bond investments. Competitors include other closed-end municipal bond funds and open-end municipal bond funds such as Nuveen, BlackRock, and Eaton Vance funds.

Market Dynamics

Industry Overview

The municipal bond market is influenced by factors such as interest rates, tax policy, and economic conditions. Demand is driven by investors seeking tax-advantaged income.

Positioning

KTF is positioned as a provider of tax-exempt income through investment-grade municipal bonds. Its competitive advantage relies on its experienced management team and diversified portfolio.

Total Addressable Market (TAM)

The total municipal bond market is trillions of dollars. KTF's positioning is as a niche player within this large market, focused on delivering consistent, tax-exempt income.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Diversified municipal bond portfolio
  • Tax-exempt income generation
  • Investment grade focus

Weaknesses

  • Sensitivity to interest rate changes
  • Limited flexibility compared to open-end funds
  • Management fees affect total return
  • Discount to NAV can impact shareholder value

Opportunities

  • Rising demand for tax-advantaged investments
  • Expansion into new municipal bond sectors
  • Increased focus on ESG-compliant municipal bonds
  • Potential for higher yields in a rising rate environment

Threats

  • Changes in tax laws
  • Rising interest rates
  • Credit risk of municipal issuers
  • Increased competition from other municipal bond funds

Competitors and Market Share

Key Competitors

  • Nuveen AMT-Free Municipal Credit Income Fund (NVG)
  • BlackRock MuniHoldings Fund II, Inc. (MUH)
  • Eaton Vance Municipal Income Trust (EVN)

Competitive Landscape

KTF competes with other closed-end municipal bond funds based on yield, expense ratio, and historical performance. These funds have very slight market shares so market share in the closed-end municipal bond fund is highly fragmented.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth is limited by the fixed number of shares outstanding.

Future Projections: Future performance depends on interest rate movements, credit quality of municipal issuers, and the fund's ability to generate consistent tax-exempt income.

Recent Initiatives: KTF may periodically adjust its portfolio composition to optimize returns within its investment mandate.

Summary

DWS Municipal Income Trust offers investors tax-exempt income through a portfolio of municipal bonds. Its strengths lie in its experienced management and diversification, but it is susceptible to interest rate risk. Future performance hinges on market conditions and the fund's ability to generate consistent returns. Changes in tax laws also represent a significant risk.

Similar Companies

  • NVG
  • MUH
  • EVN

Sources and Disclaimers

Data Sources:

  • DWS Website
  • SEC Filings
  • Financial News Outlets (e.g., Yahoo Finance, Bloomberg)

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share data is approximate and may vary. Financial data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About DWS Municipal Income Trust

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 1989-06-30
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​